A new casino by the Iowa Tribe of Oklahoma is booming—so popular they’re turning cars away—but behind the scenes, a leadership vacuum at the National Indian Gaming Commission is crippling tribal gaming operations. Without a chairperson to approve management deals or enforce rules, tribes like Iowa are stuck managing massive ventures alone, paying fees without full benefits. Meanwhile, online prediction markets threaten to siphon gaming revenue and challenge tribal sovereignty, as tribes sue these platforms. With no federal advocate in Washington, tribes face mounting pressure as economic development, regulation, and sovereignty collide.

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